EastMerchant closes sale and leaseback deal between Singapore Airlines and Crianza Aviation
Direct News Source EastMerchant has successfully closed the sale and lease-back of two Boeing787-10 and one AirbusA350-900 aircraft between Singapore Airlines and Crianza Aviation, the Korean aircraft lessor. The transaction features a novel, multi-layered financing structure with the senior financing being supported by KfW IPEX-Bank / Balthazar for the AirbusA350-900 and the two Boeing787-10 financed by AFIC / NatixisSingapore and Apple Bank which is complemented by Korean mezzanine debt raised by Seoul based Cerritos Holdings as well as equity from Korean investors together with Crianza. Ba...
Source: centreforaviation.com